The
global molecular
biology enzymes and kits & reagents market is
expected to reach USD 26.7 billion by 2025, according to a new report by Grand
View Research, Inc. Expanding pharmaceutical and biotechnology industry in
emerging nations is expected to offer significant growth opportunities to the
molecular biology enzymes, kits, and reagents market. Furthermore, the
increasing adoption of personalized medicine is expected to provide lucrative
opportunities to the market.
U.S. molecular biology enzymes and kits & reagents market
by product,
2014 - 2025 ($ billion)
Technological advancements aimed at development of advanced products and
increasing R&D investments by leading manufacturers are some of the key
factors contributing to increasing demand for these enzymes, kits, and
reagents. In addition, increasing adoption of molecular diagnostics is expected
to serve this industry as a potential growth driver.
Molecular biology enzymes, kits, and reagents are majorly used in
genomics-related application areas. Increased funding for research in the field
of genomics and sequencing are expected to augment growth during the forecast
period. Furthermore, these products are used in the drug discovery and
development stages in pharmaceutical and biopharmaceutical companies.
Pharmaceutical and biotechnology companies contribute to the largest
share of the end users of molecular biology enzymes, kits, and reagents. This
dominant share can be attributed to increasing investments in R&D,
expanding biopharmaceutical & biotechnology industry in the Asia Pacific
region, and government initiatives in various countries to develop the
biotechnology & pharmaceutical industry.
To request a sample copy or view summary of
this report, click the link below:
www.grandviewresearch.com/industry-analysis/molecular-biology-enzymes-kits-reagents-market
www.grandviewresearch.com/industry-analysis/molecular-biology-enzymes-kits-reagents-market
Further Key
Findings From the Study Suggest:
· Kits and reagents held the dominant share
of market, by product, as of 2016 owing to their low costs and incessant
product launches
· Rising number of research activities in
molecular biology application areas amongst the end users is one of the key
contributing factors responsible for the dominance of this product
· The Polymerase Chain Reaction (PCR) segment
is expected to witness lucrative growth in the near future owing to the
benefits associated with its use in molecular diagnostics
· PCR is used in detection and identification
of genetic disorders. Rising geriatric population across the globe is also
expected to drive this market owing to the use of PCR in detecting and
diagnosing geriatric disorders.
· Rising demand for personalized medicine
fosters the demand for sequencing, which further increases the demand for these
enzymes, kits, and reagents
· Pharmaceutical and biotechnology companies
held a dominant share, by end user in 2016
· Rising investments in R&D, expanding
pharmaceutical & biotechnology industry, and increasing venture capital
investments are some of the major factors contributing to the growth of this
segment
View
more reports of this category by Grand View Research at:
Grand
View Research has segmented the molecular biology enzymes and kits &
reagents market on the basis of the product, application, end user, and region:
Molecular Biology Enzymes, Kits, and
Reagents Product Outlook (Revenue, USD Million, 2014 - 2025)
·
Kits and Reagents
·
Enzymes
Molecular Biology Enzymes, Kits, and
Reagents Application Outlook (Revenue, USD Million, 2014 - 2025)
·
PCR
·
Sequencing
·
Cloning
·
Epigenetics
·
Restriction Digestion
·
Synthetic Biology
·
Other Applications
Molecular Biology Enzymes, Kits, and
Reagents Application Outlook (Revenue, USD Million, 2014 - 2025)
·
Pharmaceutical and Biotechnology Companies
·
Academic and Research Institutes
·
Hospitals and Diagnostic Centers
·
Other End Users
Molecular Biology Enzymes, Kits, and
Reagents Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
Japan
o
China
o
India
·
Latin America
o
Brazil
·
MEA
o
South Africa
View press release of this research report by Grand
View Research:
https://www.grandviewresearch.com/press-release/global-molecular-biology-enzymes-kits-reagents-market
https://www.grandviewresearch.com/press-release/global-molecular-biology-enzymes-kits-reagents-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
